Pearse Doherty
Question:218. Deputy Pearse Doherty asked the Minister for Finance if new regulations on mortgages such as a loan-to-value ceiling would affect affordable housing schemes such as those run by county councils. [3816/15]
View answerTuesday, 27 January 2015
Questions (218)
Written answers
I am informed by the Central Bank that the proposed macro prudential regulations in relation to residential mortgage lending will not apply to local authority mortgages as they are not provided by "regulated financial service providers" within the meaning of Section 2 of the Central Bank Act 1942.